Billionaire tech mogul Reid Hoffman is urging his fellow tech moguls in Silicon Valley to not just condemn the killings of two American citizens at the hands of Border Patrol agents, but to stop pacifying President Trump. In posts on X and an opinion column penned for The San Francisco Standard, Hoffman writes: “We in Silicon Valley can’t bend the knee to Trump. We can’t shrink away and hope the crisis fades. Hope without action is not a strategy ––  it’s an invitation for Trump to trample whatever he can see, including our own business and security interests.” There’s been…

Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks.   The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber on the autonomous vehicle roulette table. With more than 20 AV partners worldwide, the question isn’t just whether Waabi can deliver on its plans to deploy over 25,000 robotaxis, but whether Uber’s bet-on-everything strategy actually works.  Watch as Equity podcast hosts Kirsten Korosec, Sean O’Kane and Anthony Ha discussed Uber’s AV partnership strategy, why Waabi’s “simulation-first” approach might be different, and…

The viral personal AI assistant formerly known as Clawdbot has a new name — again. After a legal challenge from Claude’s maker, Anthropic, it had briefly rebranded as Moltbot, but has now settled on OpenClaw as its new name. The latest name change wasn’t prompted by Anthropic, which declined to comment. But this time, Clawdbot’s original creator Peter Steinberger made sure to avoid copyright issues from the start. “I got someone to help with researching trademarks for OpenClaw and also asked OpenAI for permission just to be sure,” the Austrian developer told TechCrunch via email. “The lobster has molted into…

OnlyFans — the massive adult creator network where performers and influencers sell subscription-based content directly to fans — is considering selling a majority stake of its business to investment firm Architect Capital, a source close to the deal told TechCrunch. The deal would value the platform at $5.5 billion. The source said that of that $5.5 billion, $3.5 billion would be equity and $2 billion would be debt. Under those terms, Architect would assume a 60% stake in the business. The two parties are in exclusivity, meaning that OnlyFans is barred from negotiating with other potential buyers for a set…

Kofi Ampadu, the partner at a16z who led the firm’s Talent x Opportunity (TxO) fund and program, has left the firm, according to an email he sent to staff that TechCrunch obtained. This comes months after the firm paused TxO and laid off most of its staff. “During my time at the firm, I was deeply grateful for the opportunity and the trust to lead this work,” Ampadu wrote in the email, sent Friday afternoon, with the subject line “Closing My a16z Chapter.” “Identifying out-of-network entrepreneurs and supporting them as they sharpened their ideas, raised capital, and grew into confident…

From the street, the only indication I’ve found Physical Intelligence’s headquarters in San Francisco is a pi symbol that’s a slightly different color than the rest of the door. When I walk in, I’m immediately confronted with activity. There’s no reception desk, no gleaming logo in fluorescent lights. Inside, the space is a giant concrete box made slightly less austere by a haphazard sprawl of long blonde-wood tables. Some are clearly meant for lunch, dotted with Girl Scout cookie boxes, jars of Vegemite (someone here is Australian), and small wire baskets stuffed with one too many condiments. The rest of…

Jeff Bezos’ space company Blue Origin is pausing its space tourism flights for “no less than two years” in order to focus all of its resources on upcoming missions to the moon, the company announced Friday. The decision puts a temporary halt on a program that Blue Origin has been using to fly humans past the Kármán line, the recognized boundary of space, for the last five years. Blue Origin made the announcement just a few weeks ahead of the expected third launch of its New Glenn mega-rocket, which is slated for late February. The company had previously suggested it…

A confidential informant told the FBI in 2017 that Jeffrey Epstein had a “personal hacker,” according to a document released by the Department of Justice on Friday. The document, which was released as part of the Justice Department’s legally required effort to publish documents related to its investigation into the late sex offender, does not identify who the alleged hacker was, but does include several details about them.  According to the informant, the hacker was an Italian born in the southern region of Calabria and specialized in finding vulnerabilities in iOS, BlackBerry devices, and the Firefox browser.  The hacker allegedly…

Instagram is developing a feature that will allow users to remove themselves from someone’s “Close Friends” list, Meta told TechCrunch on Friday. The company says the feature is still in the early stages and is not being tested publicly yet. The social network’s Close Friends feature lets users share Stories, Reels, and posts with a select group of people, rather than their entire follower base. Since the feature’s launch in 2018, users haven’t been able to remove themselves from someone else’s Close Friends list. The internal prototype was first spotted by reverse engineer Alessandro Paluzzi, who specializes in finding unreleased…

SpaceX is reportedly lining up four major Wall Street banks for a potential 2026 IPO — a move that could signal the long-awaited reopening of the public markets after a years-long IPO drought. In the meantime, late-stage private companies like SpaceX are finding other ways to create liquidity for employees and early shareholders, largely through a fast-growing secondary market. To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions…